RNS Number : 7855V
  Nighthawk Energy plc
  03 June 2008
   

    Nighthawk Energy plc

    Devon Oilfield Update


    The directors of Nighthawk Energy plc ("Nighthawk" or "the Company") (AIM: HAWK), the US focused hydrocarbon production and development
company, are pleased to announce the start of pilot production and construction of gathering facilities at the Devon Oilfield waterflood
project ("Devon project"), located in Bourbon County, Kansas.  Nighthawk holds an 80 per cent. interest in the project and the operator,
Running Foxes Petroleum Inc. ("Running Foxes") a 20 per cent. interest.

    The Devon project, covering 1,764 acres, is targeting the Upper and Lower Bartlesville channel sandstones and has seen an expanded
appraisal drilling programme over the project area since March 2007. 

    One well has been on pilot primary oil production (without water injection) for some weeks. A further 28 successful appraisal wells have
now been perforated, acidised and swabbed and are ready to be placed on primary oil production prior to and during full water injection. 
Construction of a surface gathering system, tying-in the production and injector wells has commenced and is expected to be completed by the
end of July 2008.

    As announced on 26 February 2008, four injector wells have already been drilled and cased in a four-spot pattern.  A further 20 injector
wells are currently being drilled and will be added to the production facilities.

    The expanded waterflood injection and design is expected to take between four and twelve months.  This will involve observing the
effects of waterflooding, fluid migration paths and reservoir production characteristics.  

    Running Foxes has engaged a waterflood expert with over 20 years' experience in south eastern Kansas, and additional personnel to manage
the Devon and the Buchanan and Worden projects located in the adjoining State, Missouri, where Nighthawk and Running Foxes are currently
test drilling and increasing their land position.

    Independent consultants Oilfield Production Consultants Limited ("OPC"), will commence evaluation of the Devon, Buchanan and Worden
projects immediately following the ongoing re-evaluation of Nighthawk's 50 per cent. interest in the Cisco Springs natural gas project in
Utah.

    David Bramhill, Managing Director of Nighthawk stated "The planned development strategy of the Company is on course and Devon is now our
second project to be brought to production status. I am confident that further of our development projects will move into production over
the next twelve months."

    David Racher B.Sc (Hons) Geology, who is a consultant to Nighthawk and has over 37 years of experience in the hydrocarbon industry and
previously managed the Lasmo plc onshore US portfolio in Kansas, Louisiana, South Dakota, Texas and Wyoming, has reviewed and approved the
technical information contained in this announcement.


    Enquiries:

 Nighthawk Energy plc                                         01271 882160
 David Bramhill                                 office@nighthawkenergy.net
 Managing Director
 www.nighthawkenergy.com

 Hanson Westhouse Limited                                    0113 246 2610
 Tim Feather                               tim.feather@hansonwesthouse.com
 Matthew Johnson                       matthew.johnson@hansonwesthouse.com

 Bishopsgate Communications Limited                          020 7562 3350
 Dominic Barretto                    dominic@bishopsgatecommunications.com







This information is provided by RNS
The company news service from the London Stock Exchange
 
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